Registered Corporate Investment Value Rises by 41.2%

9:27:26 AM | 14/10/2021

Vinh Phuc province licensed over 760 new companies with a total registered capital of VND8,113 billion in the first eight months of 2021, down 5.24% in companies but up 41.2% in value from a year earlier.

In August alone, the province witnessed 284 companies restore their operations. In combination, Vinh Phuc saw 1,044 companies founded and restored their operations. This proved that the investment environment of Vinh Phuc is still really attractive to domestic and international businesses.

To further support and facilitate enterprises to work effectively and overcome difficulties caused by the COVID-19 pandemic, the province will focus on monitoring and updating business situations, meeting and exchanging with local enterprises to seek to solutions to their difficulties in the coming time, especially in capital, inputs, labor, market and tax.

Besides, the province will boost trade promotion and merchandise export, especially key products; strengthen inspection and strictly handle acts of bureaucratic harassment in providing administrative procedures; and improve responsibility and attitude of public employees in receiving and handling administrative procedures, controlling the market, preventing smuggling, commercial fraud, counterfeiting and knockoffs.

Source: Vietnam Business Forum